Financial Plan Inc. Takes $2.29 Million Position in iShares Global REIT ETF $REET

Financial Plan Inc. acquired a new stake in iShares Global REIT ETF (NYSEARCA:REET) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 91,744 shares of the company’s stock, valued at approximately $2,289,000. Financial Plan Inc. owned 0.05% of iShares Global REIT ETF at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Valmark Advisers Inc. raised its stake in shares of iShares Global REIT ETF by 3.9% during the fourth quarter. Valmark Advisers Inc. now owns 6,283,171 shares of the company’s stock worth $156,765,000 after purchasing an additional 237,762 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Global REIT ETF by 8.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 5,425,901 shares of the company’s stock worth $138,686,000 after purchasing an additional 412,732 shares during the last quarter. Polianta Ltd purchased a new stake in shares of iShares Global REIT ETF during the fourth quarter worth approximately $90,668,000. SageView Advisory Group LLC raised its stake in shares of iShares Global REIT ETF by 2.9% during the third quarter. SageView Advisory Group LLC now owns 3,038,299 shares of the company’s stock worth $77,659,000 after purchasing an additional 86,609 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of iShares Global REIT ETF by 73.0% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,796,249 shares of the company’s stock worth $45,912,000 after purchasing an additional 758,228 shares during the last quarter.

iShares Global REIT ETF Price Performance

iShares Global REIT ETF stock opened at $27.04 on Wednesday. iShares Global REIT ETF has a 12 month low of $23.53 and a 12 month high of $27.50. The business has a 50 day simple moving average of $26.32 and a 200-day simple moving average of $25.69. The stock has a market capitalization of $4.76 billion, a PE ratio of 29.27 and a beta of 0.96.

iShares Global REIT ETF Company Profile

The iShares Global REIT ETF (REET) is an exchange-traded fund that is based on the FTSE EPRA Nareit Global REITs index, a global, market-cap-weighted index of firms involved in the ownership and operation of real estate. REET was launched on Jul 8, 2014 and is managed by BlackRock.